Price: 0.886 | EMA7: 0.95 | EMA25: 1.06 | RSI14: 34.34 | Resistance: 2.119 | Support: 0.233 | Average Volume: 10442663.71 | Volume Trend: Decreasing
Based on the technical analysis of TIAUSDT at 1d:
- The price is below EMA7 and EMA25, indicating a downtrend.
- RSI14 is below 40, suggesting the asset is potentially oversold.
- MACD is negative, confirming the downtrend.
For Long position, consider entry around 0.7-0.8 if the price bounces back from the current level or shows signs of reversal. For a more conservative approach, wait for the price to break above EMA7 (around 0.95) and then retest it successfully.
For Short position, consider entry around 1.0 if the price rallies to EMA7 or EMA25 and shows resistance.
Best spot buy price could be around 0.7-0.8, considering the potential oversold condition and a possible bounce. However, it's crucial to wait for a clear sign of reversal before entering a long position.
Keep in mind that these levels are suggestions based on the provided data and may not be the absolute best entry or buy prices. Always consider risk management and your overall market analysis.